The Week of June 19: UK inflation data turns out to be hotter than expected and Bank of England’s surprise is not welcomed by the markets.
Looking Backwards
Bank of England lifts policy rate by 50 bps to 5% in June vs 4.75% expected
Biden labels Chinese President Xi a dictator
Wyndham Clark wins 2023 US Open, clinching American’s first career major
Looking Forwards
Putin touts Russian economy as Western investors steer clear of St. Petersburg event
California flooding expands historic ‘Ghost Lake’ to almost same size as Lake Tahoe